S 3424 · 119th CongressBecame Lawcongress.gov ↗
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How it worksIntroduced
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Became Law
What this bill does
AI plain-language summaryThis law makes several changes to how bankruptcy cases are managed. It increases the payments that certain trustees receive in cases where a person's or business's assets are sold off to pay debts. It also extends for five more years the fees that businesses pay during reorganization bankruptcy cases and raises some of those fees for larger cases. Additionally, it extends temporary bankruptcy judge positions in several court districts for another five years.
Introduced
December 10, 2025
Policy Area
Finance and Financial Sector
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